Canadian Natural Resources annual return on assets (roa)
2017
2018
2018
2019
2020
2021
2022
2023
2024
Canadian Natural Resources Return on Assets (ROA) Growth & History (CNQ)
Canadian Natural Resources's return on assets (roa) was 12.21% for fiscal 2024.
View full Canadian Natural Resources company overviewCanadian Natural Resources annual return on assets (roa) history
| Fiscal year | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| 2024 · Dec 31 | 2025-12-31 | 12.21% | +4.64 pp |
| 2023 · Dec 31 | 2024-12-31 | 7.57% | −3.26 pp |
| 2022 · Dec 31 | 2023-12-31 | 10.83% | −3.49 pp |
| 2021 · Dec 31 | 2022-12-31 | 14.31% | +4.23 pp |
| 2020 · Dec 31 | 2021-12-31 | 10.09% | +10.66 pp |
| 2019 · Dec 31 | 2020-12-31 | −0.57% | −7.80 pp |
| 2018 · Dec 31 | 2019-12-31 | 7.24% | +3.67 pp |
| 2018 · Dec 31 | 2018-12-31 | 3.56% | −0.05 pp |
| 2017 | 2017-12-31 | 3.62% | — |
Canadian Natural Resources quarterly return on assets (roa)
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on assets (ROA) | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 12.93% | — |
| Q1 2026 | 2026-03-31 | 10.82% | — |
Canadian Natural Resources return on assets (roa) trends
Over the last five fiscal years, Canadian Natural Resources's return on assets (roa) increased from −0.57% to 12.21%, a change of +12.78 percentage points. The latest reported quarter, Q2 2026, shows 12.93%.
About the metric
What return on assets means
Return on assets measures profit relative to the assets used to generate it. It can help compare operating efficiency over time, although normal ROA differs substantially between asset-light and asset-intensive industries.
Calculation and source
How return on assets is calculated
TickerStat calculates annual ROA as reported net income divided by average total assets. Quarterly observations use trailing-12-month net income and average assets over the corresponding one-year period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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